Borealis Infrastructure partners in buy of Terra Firma's Tank & Rast
Allianz Capital Partners, Borealis Infrastructure Management, an affiliate of Abu Dhabi Investment Authority and MEAG, Munich Re (Group)'s asset manager, have teamed up to acquire Autobahn Tank & Rast Holding GmbH, a provider of food service, retail goods, hotel accommodation and fuel on German motorways. The financial terms of the deal were not disclosed. Tank & Rast is being sold by British private equity firm Terra Firma Capital Partners and Deutsche Asset and Wealth Management. The acquisition is expected to close later this year. Borealis is the infrastructure investment arm of the Ontario Municipal Employee Retirement System (OMERS).
4 August 2015•5 mins read
